What do you do to ensure that the tenant is responsible for security deposit disputes since that is the largest reason for owner lawsuitsHow familiar are you with the newly changed laws that can affect you the owner if they are not used correctly?

Use the BP search function for "sub to" and "sub2".

with the largest bedroom and a half bath in a daylight basement.

If I can't find a cheap solution to make it functional then I will just clean up the brick and mortar, paint the inside, and put either a fireplace screen or decorative vases in front of it.

Access to MLS could be through a broker/agent functioning as your advisory team member.

The PM function is definitely a tough one and it is good to have PM owners that think like property owners.

First, the market cap rate that you want to apply to your projected NOI is a function of both the property type and the particular market in which the property is located.

You can only get so much of it out as a function of the value so if you are encumbered at 96% of the purchase and rehab with the ARV only being $130K you won't be getting huge amounts of available cash.Say you get a place with an ARV of $130K and you get it at 70% less repairs of say $25K, so extensive but not a down to the studs full gut.

There's no right answer...it all depends on your person utility function for work, returns, risk, liquidity, etc.

I also use Buildium for our residential property management business and especially like its reporting functionality.